MPRAMPSumy mar 2016 | Page 4

Challenges Corporate Strategy MainPower’s network has undergone significant transformation over the past decade, primarily as a result of changing land use and associated customer demand. Challenges include: MainPower’s asset management program is aligned with our Statement of Corporate Intent (SCI). The SCI establishes MainPower’s corporate strategic objectives for governance, asset management, the operating environment, major projects and reviews, and financial performance. It provides a corporate strategic framework for the organisation and the AMP. The annual strategic plan and business plan embody much of the agreed SCI and also include MainPower’s strategic objectives which are included below. • Increased agricultural activity, particularly dairy. • Increased population density from lifestyle developments and population drift from Christchurch. CUSTOMER AND COMMUNITY Deliver quality services to our customers and positively engage with our community. • Growth in tourism, particularly in the northern part of our network. • Increase in major wind and snow storms affecting our network. • Increased dependency on power supply both economic and social which requires strengthening of security of supply and improving the resilience of our network to reduce the impact of outages. • Energy usage patterns are changing due to changes in customer behaviour. • Changing residential load profiles caused by heat pumps, energy efficient appliances and lighting. OPERATIONAL EXCELLENCE Achieve excellence in all aspects of operations. HEALTH AND SAFETY Zero harm to people, public property and the environment. FINANCIAL PERFORMANCE Deliver a sustainable financial position. • Installation of photovoltaic (PV) solar panels which impacts on the design and operation of the network. • Ongoing activity following the Canterbury